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Updated about 5 hours ago on . Most recent reply

Impact of International Travelers Cancelling US Travel
Are others nervous about what impact a decline in international travelers will have on their STRs?
75% of my current bookings are from international travelers so I'm worried.
https://www.independent.co.uk/news/world/americas/us-politic...
Most Popular Reply

- Real Estate Broker
- Minneapolis, MN
- 5,646
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Quote from @Carolyn Fuller:
Quote from @Jay Hinrichs:
Quote from @Carolyn Fuller:
Quote from @Lauren Kormylo:
I don't have international guests. But this absolutely will affect international travel. I have family and friends in Canada who regularly visit the US, and they've cancelled all trips for the foreseeable future, they are hopping mad. I don't know how much this will affect guests from other countries, but it is bound to. I hope since your guests come mainly for the school there, you'll be spared a lot of it.
Unfortunately, this administration is at war with universities and scientific research and I rely heavily on Harvard & MIT which are taking major hits. They have already frozen hiring and I suspect that means there will be fewer visiting scholars. That certainly feels like what is happening, given the fact that our MTR inquires are way down and we haven't leased the full calendar year.
There are 4 legs of our retirement income and 3 of them are under threat (Stock Market, Rental Income, Social Security).
I agree that we really don't know what will happen with Social Security but Musk has certainly been rattling his chainsaw.
We know what is happening to the stock market but some people think it is short term pain and others fear a recession. I'm a lot less sanguine than @Bruce Woodruff but I also am in wait and see mode.
And I know for a fact that my rental income is taking a major hit. It now just depends upon how large a hit. So far, I know we will be down by at least by $6000 this year.
Sigh...
jsut a question why do folks think Social security benefits are going to go down this year ? mine actually went up .. I think what is happening is DOGE is just going to cut the admin fat out of SSI and the fraud of paying folks that dont exist etc which we know happens.. as for benefits for honest citizens I dont see anything that indicates those are at risk .. unless I am missing something. just seems to me to be the TDS and now the MDS alive and well.
Harvard is mega rich.. why do they need the feds at all.. I mean I have seen some of the investments the harvard endowment fund has made in SW washington.. They bought the Cathlamet tree farm a few years back about 500 million..
I'm not concerned that my social security will be reduced.
I'm concerned that Musk has been slamming social security on social media, calling it a "Ponzi scheme." I am concerned that he has announced plans to cut 12% of the social security staff at a time when social security has the lowest number of employees and the highest number of beneficiaries in its history.
I'm concerned that Musk claims that 25% of the social security payments are fraudulent but according to a 2024 report from Social Security’s inspector general, less than 1% of payments made over a seven-year period were improper.
As I said, I don't know what will happen with social security but Musk is certainly rattling the chainsaw.
He called Social Security a Ponzi because by the very definition of Ponzi, IT IS:

It is NOT supported by the monies that were put into it, because not only were those monies NOT properly invested even in something as simple as Treasury Bonds, but instead it's been used as a slush-fund to finance this that n the other thing NOT S.S. related.
The system is on a path to very soon be bankrupt. Because, as any Ponzi works, it's only able to make payout's from there being an ever increasing # of people "investing" into it than deducting.
And that math is not holding. Boomers retiring out and following generations NOT engaging in productive work in sufficient numbers = insolvency.
I would think any person would applaud an audit that finds millions of fraudulent recipients of S.S.. Every fraudulent recipient found = more $ for the legit recipients.
I just don't comprehend the argument of "NO, don't find fraud and waste, how dare you look for fraud and waste, NO we want fraud & waste"......
I don't care what party you lay claim to, if your going to audit the Gov. and ferrit out any fraud and waste I applaud you, and thank you. I pay tax's, I don't want them wasted. And only way to know is via SERIOUS audit's, not "oh so-n-so said nothing to see, don't bother looking".
If D's would have done this 2 years ago it would be meet with nothing but applause. And yes, could have been via Elon when Elon was still a card carrying D. I am certain it would have been nothing but accolades for Elon.
What will happen to Social Security at this pace is it will be SAVED. Insolvency staved off for additional many years by catching and removing fraudulent recipients, however many there is. So the $ goes to LEGIT ones. It's not complicated math.
As for your theoretical losses on STR's, let us know when you actually have some losses. So far it's just "oh what if"..... By your own words you havn't lost a cent. Your just in fear of a possible future vacancy "if, if, if....".
I'm not an R and sure as hell not a D anymore. So don't play the partisanship BS as an excuse for my words. I am part of the middle "sane" who is looking at things objectively.
Stopping fraud and waste is a good thing, full-stop.
You won't know what you have unless you look, in a SERIOUS concerted manner. As DOGE was created to do.
Again, I don't care who does it, I'm glad it's being done. It should be done on a somewhat regular schedule. Federal Gov is the only business on earth that thinks operating for decades with 0 accountability or audit is a good thing.
- James Hamling
